Europe

UK - Pensions advisory service OPAS is urging the government and providers to work together to restore public confidence in the industry.

UK - The £2.2bn South Tyneside Metropolitan District Council Tyne & Wear Pension Fund has secured the letting of Sterling Court - a 12,700 sq ft office building in Bracknell - to Redwood Technologies.

UK - The Alternative Investment Management Association has relaunched its website to make it a centralised resource for the investment community, institutional investors and regulators.

UK - Publishing giant Trinity Mirror is gearing up to launch a defined contribution pension plan from the beginning of July.

UK - Government plans to boost protection for final salary scheme members will accelerate the trend away from DB to DC, consultants claim.

UK - Morley Fund Management has revealed the names of companies not included in its socially responsible investment funds.

UK - Winterthur Life's single premium pensions business rose 51% in the first quarter to £172m against an industry average of 3%.

UK - Fund managers and consultants are predicting mandates worth "billions of pounds" in the wake of the government's decision to set up a Pension Protection Fund.

UK - The progression of the UK defined contribution market has been so rapid that there are virtually no lessons to be learned from the United States experience, a leading consultant claims.

EUROPE - Swiss private bank Sarasin is offering a new tranche of sterling five-year GlobalSar Principal guaranteed notes.